Post
Topic
Board Economics
Re: What is going on, who is selling at these prices?
by
Taksonas
on 13/01/2017, 13:06:12 UTC
I guess they are the ones who are impatient. maybe they want to make bitcoin prices down, so they can buy bitcoin at a bargain price. Well, I was also surprised to see the price of bitcoin down very quickly. I do not think they could sell their bitcoin under $ 800. but, maybe they have a bitcoin very much, and had to sell in large numbers.

Not impatient. Either people extremely smart, or extremely stupid. If I had to take a guess, I would say that more than half would be stupid, and are small-minded lemmings who sell when the price drops.

Indeed not smart at all, they can better wait on a better price that is coming without any doubts, that is also why they are just so stupid, just have patience people.